U.K. Gross Lending Forecast Revised Down

15 Dec 2011

The U.K.’s Council of Mortgage Lenders has revised downward its gross mortgage lending forecast for both this year and next.

The U.K.’s Council of Mortgage Lenders has revised downward its gross mortgage lending forecast for both this year and next. In June, the CML had boosted its projections for 2011 from £135 billion ($209.3 billion) to £140 billion ($217 billion), but now says it will more likely be ...

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